ARTICLE
16 June 2022

CMA Launches Urgent Fuel Retail Market Inquiry

MF
Morrison & Foerster LLP

Contributor

Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
On Monday, 14 June, Global Competition Review reported on the UK's Competition and Markets Authority (CMA) conducting a review into the fuel retail market at the UK Government's request...
United Kingdom Antitrust/Competition Law

On Monday, 14 June, Global Competition Review reported on the UK's Competition and Markets Authority (CMA) conducting a review into the fuel retail market at the UK Government's request, amid concern surrounding rising fuel prices. Marie-Claire Strawbridge spoke to Global Competition Review about the review:

"This is an unusual request from the government given the CMA's independence, although unsurprising given the controversy surrounding current fuel price rises...Local competition and the resulting differences in pricing have long been accepted by the CMA as a feature of competition in fuel retail. So it is hard to see how this could now be found problematic from a competition perspective."

Read the full article.

Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Morrison & Foerster LLP. All rights reserved

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More